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Your home is not in great shape, 30 years old and it looks every day of it. There are some things you must do just to get rid of it, why not do a little more an

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

d make some money on the deal. 7 fix ups to help you sell fast and get top dollar.

1)Curb Appeal – Dress up the landscape add mulch at all planting area

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

s shape into curved borders, use to cover around all trees spread wide and cover bare areas. The mulch will help define the landscape, add flowers and shrubs, c

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

ut and edge lawn. Keep trim and turn mulch for fresh appearance.

2)Exterior Problems – Roof is way past its life span (the buyers home inspector or Bank

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

appraiser will require it to be replaced, so why not do it before at a cost you can negotiate) replace roof use Architectural grade shingles costs more in mater

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ial but the labor is the same. Replace any damaged or rotted wood including decks and porches. Repaint exterior siding, trim, windows and shutters.

3)Doors

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

and Windows – Make sure every one is operating properly it is well worth the cost to have a contractor come in and make everything work. New window balances

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

locks, replace broken and fogged glass, adjust all doors, thresholds, and locksets. Patio sliders always are misaligned replace rollers for better operation, i

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

nstall new screen.

4)Appliances and Mechanical Systems – If your appliances are more than 10 years old replace them they don’t work efficiently and are

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

way out of style. No need to buy high end but they must be high style. Match all kitchen appliances pick a contemporary look. No doubt the mechanical systems ar

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

big ticket items a 30 year old a/c unit must go, air handler unit compare cost of refurbish versus replacement. Water heater should have been replaced 10 years

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

earlier if not replace.

5)Kitchens and Baths – Your counter tops are beat up replace or refinish. Wood cabinets can be repainted or refinished, change

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

out hardware new door handles and drawer pulls. Replace faucets with new contemporary look. Check light fixtures there are great low cost designer fixtures at t

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

he big box stores.

6)Flooring – Ceramic tile if in good condition consider cleaning and staining the grout for a new fresh look. Replace carpet and padd

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ng use good quality not high end. Vinyl flooring if not newer replace. Hardwood floors scratched dull no shine refinish.

7)Walls and Ceilings - Repaint

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

every room paint walls and trim in complementary neutral 2-color. Paint ceilings white. Paint all doors both sides same as trim. Make house as fresh and new as

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

possible.

Every item on this list will affect your listing agent their market analysis and suggested list price of your home. They each will affect the buyer a

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

d the buyer’s agent in what the offer price will be. Even if they over look some items when the home inspector comes in they will nail every one of these repair

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

s with an estimated cost of two to three times the actual cost you can negotiate. This home in 30 year old condition will sell at 20% below the market with thes

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

e fix ups as a top condition home with warranties you can get 10% to 15% above the market. A 35% difference and a great part of that stays in your pocket.

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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